EUTV

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To illustrate how the once-critical Caracas daily El Universalhas cozied up to Venezuela's socialist government in the wake of its sale in July, it helps to examine the newspaper's coverage of the current oil price plunge.

With its low budget décor and grainy images, EUTV has the look and feel of small-town community television. But the Web-based TV station that went live on November 18 has much larger ambitions: It intends to be the primary source for Venezuelans who covet independent television news.